Sally Beauty (NYSE:SBH) Releases Q2 2026 Earnings Guidance

Sally Beauty (NYSE:SBH) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.390-0.420 for the period, compared to the consensus earnings per share estimate of 0.450. The company issued revenue guidance of $895.0 million-$905.0 million, compared to the consensus revenue estimate of $899.7 million. Sally Beauty also updated its FY 2026 guidance to 2.020-2.100 EPS.

Sally Beauty Stock Performance

Shares of SBH opened at $15.76 on Monday. Sally Beauty has a one year low of $7.54 and a one year high of $17.92. The company has a 50-day simple moving average of $15.42 and a two-hundred day simple moving average of $14.63. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.26 and a quick ratio of 0.54. The firm has a market capitalization of $1.54 billion, a PE ratio of 8.59 and a beta of 1.16.

Sally Beauty (NYSE:SBH) last issued its quarterly earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. Sally Beauty had a net margin of 5.29% and a return on equity of 27.07%. The company had revenue of $947.08 million during the quarter, compared to analyst estimates of $939.63 million. During the same period last year, the business earned $0.43 EPS. Sally Beauty’s quarterly revenue was up .6% compared to the same quarter last year. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. On average, analysts anticipate that Sally Beauty will post 1.81 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Morgan Stanley restated an “underweight” rating and issued a $14.00 price target on shares of Sally Beauty in a research note on Thursday, January 15th. Jefferies Financial Group reiterated a “hold” rating and issued a $16.00 price target on shares of Sally Beauty in a report on Wednesday, January 14th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th. Zacks Research downgraded Sally Beauty from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Finally, TD Cowen increased their target price on Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $16.08.

Insider Buying and Selling at Sally Beauty

In other news, SVP Scott C. Sherman sold 15,000 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $16.27, for a total value of $244,050.00. Following the completion of the sale, the senior vice president owned 57,585 shares of the company’s stock, valued at $936,907.95. This trade represents a 20.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Kim Mcintosh sold 5,900 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $15.71, for a total value of $92,689.00. Following the completion of the sale, the chief accounting officer owned 21,295 shares of the company’s stock, valued at approximately $334,544.45. This trade represents a 21.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.00% of the stock is currently owned by insiders.

Key Stories Impacting Sally Beauty

Here are the key news stories impacting Sally Beauty this week:

• Positive Sentiment: Q1 results beat expectations — Sally Beauty reported $0.48 EPS vs. $0.47 consensus and revenue of $947.1M vs. ~$939.6M expected, showing better-than-expected top- and bottom-line performance. View Press Release
• Positive Sentiment: Company framed Q1 as a “strong start” and management lifted its EPS outlook relative to prior internal targets, which supports confidence in FY 2026 profitability. Sally Beauty Lifts EPS Outlook After Solid Q1 Results
• Neutral Sentiment: Company set FY 2026 EPS guidance of $2.020–$2.100 (roughly in line with the street’s ~$2.07 consensus midpoint), giving investors a clearer full-year picture but not dramatically changing expectations. View Press Release
• Neutral Sentiment: Analysts remain mixed/neutral overall (consensus “Hold”), and several previews and analyst notes circulated ahead of/after the print — these shape trading but show no broad re-rating yet. Consensus “Hold” Article
• Negative Sentiment: Q2 guidance came in below the street — Sally provided Q2 EPS guidance of $0.390–$0.420 vs. consensus ~$0.450 and Q2 revenue guidance of $895M–$905M vs. consensus ~$899.7M, which could pressure near-term sentiment and limit upside. View Press Release

Hedge Funds Weigh In On Sally Beauty

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its stake in Sally Beauty by 392.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock valued at $31,000 after acquiring an additional 1,519 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Sally Beauty by 3.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock valued at $547,000 after purchasing an additional 2,026 shares during the period. The Manufacturers Life Insurance Company lifted its position in Sally Beauty by 4.3% during the second quarter. The Manufacturers Life Insurance Company now owns 51,011 shares of the specialty retailer’s stock valued at $472,000 after purchasing an additional 2,082 shares during the period. iSAM Funds UK Ltd purchased a new stake in Sally Beauty in the third quarter valued at $35,000. Finally, Alliancebernstein L.P. grew its position in Sally Beauty by 1.9% during the 3rd quarter. Alliancebernstein L.P. now owns 120,480 shares of the specialty retailer’s stock worth $1,961,000 after purchasing an additional 2,200 shares during the period.

About Sally Beauty

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.